FAQ

What is Acre?

Acre’s mission is simple: Compound bitcoin without compromising its principles of decentralization, transparency, or financial sovereignty.

Compounding Your Bitcoin: the platform where bitcoin earns more bitcoin

• Acre is a platform that allows bitcoin holders to compound their bitcoin by earning additional BTC on their holdings while retaining control of their assets.

• When users deposit their BTC, Acre dispatches it to economically secure protocols like lending, insurance, liquidity bootstrapping, and layer 2 networks. These protocols use the BTC to bootstrap and secure these systems, creating a cycle of value: bitcoin strengthens the networks, and these networks pay for that security which Acre compounds into bitcoin.

• Acre connects bitcoin to these opportunities trustlessly, without centralized custodians or exposure to other tokens or chains.

What is stBTC?

stBTC is a receipt token that can be redeemed for BTC from the stBTC ERC-4626 vault. BTC deposited to Acre earns rewards. Mainnet rewards will compound to stBTC receipt token. stBTC is a non-rebasing token and will be mintable on Ethereum and other chains via the Acre DApp in the future.

What happens to my Bitcoin when I deposit?

Bitcoin deposited in Acre is used for economic security across chains and protocols. First the BTC is bridged, then dispatched to a highly vetted vault system approved by the Acre Security Council and DAO. All BTC movements with Acre can be tracked in the smart contracts on EVM compatible networks. No black boxes.

How are my assets secured?

Acre has selected a decentralized custodian (tBTC). The underlying BTC is held in a 51-of-100 multisig operated by decentralized nodes. Nodes reach a consensus before executing any kind of mint or redemption of the BTC, which makes it highly secure and decentralized.

That 1:1 bitcoin on Ethereum is then deployed via the Acre dispatcher smart contract to projects and protocols in order to provide economic security. Each protocol vault built atop Acre is vetted and approved by the Acre DAO.

Does Acre take custody of my assets?

Only you can retrieve your underlying BTC from Acre. Once stBTC minting is enabled, anyone who owns the stBTC token will be able to redeem the underlying BTC. There is no centralized custodian of your bitcoin within the Acre protocol.